Headquartered in Cedar Rapids, AET currently operates the Cedar Rapids and Iowa City Railway, and IEI Barge Services in
East Dubuque, Ill. The acquisition of Hybrid adds freight- management expertise to its portfolio.

“We are proud to add Hybrid’s expanded services and experienced professionals to our team. By combining our considerable
resources, we can create a more competitive organization with custom supply chain solutions for our shippers,” said Kevin Burke,
President –– Alliant Energy Transportation.

Hybrid President and CEO, John Miller explains how the opportunity is a smart strategy for both companies. “With our combined
portfolio of products and services we’re fueled for growth with the financial strength to better provide long-lasting, seamless
solutions. We look forward to this partnership.”

No Alliant Energy utility customer dollars are being used for this sale. The purchase is wholly through a non-regulated subsidiary.

Hybrid Transit Systems, Inc. (SCAC: HYAT) is a federally licensed freight management company based in Cedar Rapids, Iowa. Hybrid has assembled a skilled management team, leading a tenured group of transportation professionals. We offer a full range of services for our customer base, primarily focused on domestic transportation.
The company has shown steady growth by serving a multitude of Fortune 500 shippers, processors, and manufacturers. Our size allows us to be very nimble in nature and quickly adapt to our customers ever changing needs. Our specialty is developing an intimate knowledge of our customers business in order to solve their most pressing transportation issues.

Hybrid has adopted a steadfast commitment to our Mission, Vision, and Values.

We are a trusted business ally, rooted in integrity, committed to the continuous development of our people and innovative technology to create long lasting, seamless solutions.

We look to sustain growth fueled by our values which cultivates long lasting relationships.